In an interesting case of misuse of Bitcoin, a video gaming community “E Sports Entertainment Association” agreed to settle a dispute where it had been accused of having illegally installed Bitcoin minining software in their client’s machines and earned US$3713.55.
The company blamed a rogue employee and donated double the amount involved as donation to a cancer institute. The New Jersy Government however also pursued a criminal case which ended in a settlement.
This kind of a fraud could have happened with any other software vendor also. The case highlights how businesses which install their software in client machines for any legitimate software need to take care that such software is not modified by their rogue employees for their personal gain since the vicarious liability for such crimes lies with the Company.
Naavi
